West African Resources Limited (ASX:WAF)

West African Resources Statistics

Total Valuation

ASX:WAF has a market cap or net worth of AUD 3.46 billion. The enterprise value is 3.37 billion.

Market Cap	3.46B
Enterprise Value	3.37B

Important Dates

The last earnings date was Wednesday, March 4, 2026.

Earnings Date	Mar 4, 2026
Ex-Dividend Date	n/a

Share Statistics

ASX:WAF has 1.14 billion shares outstanding. The number of shares has increased by 10.87% in one year.

Current Share Class	1.14B
Shares Outstanding	1.14B
Shares Change (YoY)	+10.87%
Shares Change (QoQ)	+0.93%
Owned by Insiders (%)	6.82%
Owned by Institutions (%)	81.71%
Float	1.06B

Valuation Ratios

The trailing PE ratio is 7.34 and the forward PE ratio is 2.82.

PE Ratio	7.34
Forward PE	2.82
PS Ratio	2.24
PB Ratio	1.97
P/TBV Ratio	2.01
P/FCF Ratio	9.66
P/OCF Ratio	4.38
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.66, with an EV/FCF ratio of 9.40.

EV / Earnings	7.11
EV / Sales	2.18
EV / EBITDA	3.66
EV / EBIT	4.11
EV / FCF	9.40

Financial Position

The company has a current ratio of 2.02, with a Debt / Equity ratio of 0.26.

Current Ratio	2.02
Quick Ratio	1.45
Debt / Equity	0.26
Debt / EBITDA	0.49
Debt / FCF	1.26
Interest Coverage	27.32

Financial Efficiency

Return on equity (ROE) is 36.94% and return on invested capital (ROIC) is 19.44%.

Return on Equity (ROE)	36.94%
Return on Assets (ROA)	21.84%
Return on Invested Capital (ROIC)	19.44%
Return on Capital Employed (ROCE)	36.84%
Weighted Average Cost of Capital (WACC)	10.52%
Revenue Per Employee	2.12M
Profits Per Employee	650,069
Employee Count	729
Asset Turnover	0.66
Inventory Turnover	3.32

Taxes

In the past 12 months, ASX:WAF has paid 240.50 million in taxes.

Income Tax	240.50M
Effective Tax Rate	29.77%

Stock Price Statistics

The stock price has increased by +32.37% in the last 52 weeks. The beta is 1.28, so ASX:WAF's price volatility has been higher than the market average.

Beta (5Y)	1.28
52-Week Price Change	+32.37%
50-Day Moving Average	3.42
200-Day Moving Average	2.72
Relative Strength Index (RSI)	38.54
Average Volume (20 Days)	10,961,112

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, ASX:WAF had revenue of AUD 1.54 billion and earned 473.90 million in profits. Earnings per share was 0.41.

Revenue	1.54B
Gross Profit	880.00M
Operating Income	819.50M
Pretax Income	807.90M
Net Income	473.90M
EBITDA	915.30M
EBIT	819.50M
Earnings Per Share (EPS)	0.41

Balance Sheet

The company has 584.10 million in cash and 453.10 million in debt, with a net cash position of 131.00 million or 0.11 per share.

Cash & Cash Equivalents	584.10M
Total Debt	453.10M
Net Cash	131.00M
Net Cash Per Share	0.11
Equity (Book Value)	1.76B
Book Value Per Share	1.51
Working Capital	500.60M

Cash Flow

In the last 12 months, operating cash flow was 789.70 million and capital expenditures -431.30 million, giving a free cash flow of 358.40 million.

Operating Cash Flow	789.70M
Capital Expenditures	-431.30M
Free Cash Flow	358.40M
FCF Per Share	0.31

Margins

Gross margin is 57.03%, with operating and profit margins of 53.11% and 30.71%.

Gross Margin	57.03%
Operating Margin	53.11%
Pretax Margin	52.36%
Profit Margin	30.71%
EBITDA Margin	59.32%
EBIT Margin	53.11%
FCF Margin	23.23%

Dividends & Yields

ASX:WAF does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-10.87%
Shareholder Yield	-10.87%
Earnings Yield	13.69%
FCF Yield	10.35%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

ASX:WAF has an Altman Z-Score of 4.01 and a Piotroski F-Score of 7.

Altman Z-Score	4.01
Piotroski F-Score	7